In recent trading session, Cyngn Inc (NASDAQ:CYN) saw 27.85 million shares changing hands at last check today with its beta currently measuring -1.82. Company’s recent per share price level of $4.69 trading at $0.81 or 20.85% at last check today assigns it a market valuation of $9.50M. That most recent trading price of CYN’s stock is at a discount of -1168.66% from its 52-week high price of $59.50 and is indicating a premium of 39.23% from its 52-week low price of $2.85. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 69660.0 shares which gives us an average trading volume of 103.81K if we extend that period to 3-months.
Cyngn Inc (NASDAQ:CYN) trade information
Upright in the green today for gaining 20.85%, in the last five days CYN remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $4.69 price level, adding 19.14% to its value on the day. Cyngn Inc’s shares saw a change of -67.59% in year-to-date performance and have moved 33.97% in past 5-day. Cyngn Inc (NASDAQ:CYN) showed a performance of 26.73% in past 30-days. Number of shares sold short was 0.12 million shares which calculate 2.8 days to cover the short interests.
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Cyngn Inc (CYN) estimates and forecasts
Statistics highlight that Cyngn Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -46.29% of value to its shares in past 6 months, showing an annual growth rate of 71.68% while that of industry is 6.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -16.02% during past 5 years.
Cyngn Inc (NASDAQ:CYN)’s Major holders
Insiders are in possession of 0.46% of company’s total shares while institution are holding 12.68 percent of that, with stock having share float percentage of 12.74%. Investors also watch the number of corporate investors in a company very closely, which is 12.68% institutions for Cyngn Inc that are currently holding shares of the company. AH CAPITAL MANAGEMENT, L.L.C. is the top institutional holder at CYN for having 5.76 million shares of worth $0.42 million. And as of 2024-06-30, it was holding 0.0747 of the company’s outstanding shares.
The second largest institutional holder is REDPOINT MANAGEMENT, LLC, which was holding about 2.71 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.0352 of outstanding shares, having a total worth of $0.2 million.
